Last Window for Foreign Asset Disclosure Closing
Indian taxpayers must accurately report foreign assets and income through Schedule FA and FSI by November 30, 2025, under Black Money Act compliance requirements.
Category : Search result: Income Tax department
Congress Accuses Modi-Shah of Harassment Politics
Congress alleges Modi-Shah government using tax notices for political harassment as elections approach. Party vows to fight back against intimidation tactics.
UAE Tax Law Amendments Effective January 2026
UAE introduces major tax procedure reforms from January 2026, including 5-year refund claims, expanded FTA powers, and R&D tax credits. Learn how these changes impact businesses.
Mantri Mall Pays Rs 6.5 Crore Tax, Faces Rs 30 Crore Dues
Bengaluru's Mantri Mall clears Rs 6.5 crore property tax but still owes Rs 30 crore to BBMP. The mall has faced multiple sealings for non-payment. Read the latest updates.
Patna Waives 100% Interest on Property Tax Till 2026
Patna Municipal Corporation announces a full waiver on interest and penalties for property tax defaulters. Pay only the principal amount by March 31, 2026. Clear your dues now!
Coimbatore Police Seizes Rs 40 Lakh from Scooter
Coimbatore police intercepted a scooter, seizing Rs 40 lakh in cash. The rider, an employee of a Kerala jewellery store, lacked documentation. Income Tax Department investigates.
CBI Arrests ITAT Accountant in Jaipur Bribery Scandal
CBI uncovers a major bribery network in ITAT Jaipur, arrests accountant Kamlesh Rathod. Over Rs 1.3 crore seized. Investigation reveals manipulation of judicial orders for bribes. Read the full expose.
IT Dept's Foreign Assets Disclosure Campaign Targets 25,000
Income Tax Department launches second NUDGE campaign targeting 25,000 high-risk cases with overseas assets. Taxpayers advised to disclose foreign income by Dec 31 to avoid heavy penalties under Black Money Act.
Trump: No US Income Tax Possible via Tariff Revenue
US President Donald Trump suggests income tax could be nearly eliminated, replaced by tariff proceeds. Get the latest updates on this major US policy shift.
IT Dept's New Campaign for Overseas Assets Disclosure
Income Tax Department launches second NUDGE campaign targeting 25,000 high-risk cases with overseas assets. Taxpayers must disclose foreign assets by Dec 31 to avoid heavy penalties under Black Money Act.
Income Tax Refund Delays for High-Value Claims Explained
CBDT Chairman confirms IT refund delays for claims above ₹50,000 due to wrongful deduction analysis. Learn how to track refund status and claim 6% interest.
Hyderabad Biryani Chains in Rs 600 Crore Tax Evasion
Income Tax department uncovers massive tax evasion network in Hyderabad's biryani industry. Rs 600 crore unaccounted income detected across Pista House, Shah Ghouse, and Mehfil chains.
IT Dept's New Nudge Campaign on Foreign Assets
Income Tax Department launches campaign targeting 25,000 high-risk assessees for undisclosed foreign income & assets. Disclose by Dec to avoid heavy penalties under Black Money Act.
IT Dept Identifies High-Risk Foreign Asset Cases
Income Tax department identifies high-risk cases of unreported foreign assets. Taxpayers must file revised returns by Dec 31, 2025 to avoid penalties. Act now!
Taxpayers Disclose ₹29,208 Crore Foreign Assets After I-T Nudge
Income Tax Department's initiative prompts 24,678 taxpayers to disclose foreign assets worth ₹29,208 crore and foreign income of ₹1,089 crore. Learn how this compliance drive is reshaping tax transparency.
ITR Refund Delayed? Reasons and Faster Processing Tips
Still waiting for your income tax refund? Discover the 7 main reasons for ITR refund delays and learn actionable steps to get your money faster. Complete guide for taxpayers.
UK Announces £26 Billion Tax Increases in New Budget
Britain's Chancellor Rachel Reeves unveils £26 billion tax increases targeting wealthier individuals while protecting low-income families. Key budget decisions focus on economic stability.
Taxpayer Base Grows 17%, Return Filings Lag: CBDT Data
India's taxpayer base surged to 116.1 million in AY 2024-25, but only 8.08 million filed returns. Expanding TDS system drives growth while compliance gap widens significantly.
UK's £26BN Tax Shock: Reeves Announces New Budget
UK Chancellor Rachel Reeves unveils £26 billion tax plan freezing brackets and hiking wealth taxes. Learn how this impacts millions of families and the economic outlook.
Check Your Income Tax Refund Status with PAN
Learn the simple steps to track your income tax refund status online using your PAN card. Ensure your ITR is e-verified for a smooth refund process. Act now!
Income Tax Refund 2025: How to Check Status Online
Waiting for your income tax refund? Learn when you'll receive it and follow our step-by-step guide to check your refund status online. Get your money faster with these simple methods.
ITR Refund Delay: CBDT Reveals Reason, December Release Expected
CBDT Chairman explains income tax refund delays for FY 2024-25 due to wrongful deduction analysis. Taxpayers can expect refunds by December. Check your ITR status now.
YouTuber Arrested for Ferrari Tax Evasion: Full Story
Popular YouTuber Cody WhistlinDiesel reveals arrest for $30,000 Ferrari F8 sales tax evasion. The car was destroyed in 2023 but tax issues persisted. Read shocking details.
SC to hear plea against political parties' cash donations
Supreme Court agrees to examine plea challenging income tax exemption for political parties receiving anonymous cash donations below Rs 2,000, seeking transparency in political funding.
GBA Targets Tax Defaulters for ₹3,100 Cr Recovery
Greater Bengaluru Authority launches aggressive tax recovery drive to address ₹3,100 crore shortfall. Chief Commissioner orders immediate action against top defaulters. Read full details.
Infosys Buyback: New Tax Rules Impact Investors
Infosys announces ₹18,000 crore share buyback at ₹1,800 per share. Learn how new income tax rules effective April 2024 affect your returns. Expert analysis on who should participate.
Steel Tycoon Mittal Exits UK Amid Labour Tax Overhaul
Indian-origin billionaire Lakshmi Mittal relocates from UK to Dubai as Labour government plans tax reforms targeting ultra-wealthy. Read about the inheritance tax concerns driving this exodus.
Mutual Fund Capital Gains Tax: Equity & Debt Rules
Understand how capital gains tax applies to mutual funds in India. Learn about tax rates for equity and debt funds based on holding period. Plan your investments wisely!
Capital Gains Compliance Gets Digital Reset in India
India's finance ministry modernizes Capital Gains Account Scheme with digital deposits, SEZ benefits, and mandatory e-closure starting 2027. Simplified compliance for taxpayers and NRIs.
Pending ITR Refund? Check Status & Claim Interest Now
Income Tax refunds filed by Sept 16 are eligible for 0.5% monthly interest. Learn how to check your refund status online and the top reasons for delays. Act now to resolve issues.
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